2023 - Journal of Accountancy

The magazines

December 1, 2023

Line items

ERC abuse brings renewed push for regulation of paid tax preparers … ‘Tsunami’ of ERC claims required IRS action to halt fraud, experts say … IRS to set up new work unit to focus on complex passthrough entities … FinCEN posts guide to help small businesses with BOI reporting

December 1, 2023

The home mortgage interest deduction under the TCJA

How does the Tax Cuts and Jobs Act’s temporarily lower home acquisition indebtedness limit affect homeownership decisions?

December 1, 2023

Auditor independence threats and malpractice claims

When questions of independence arise in malpractice claims related to audit services, plaintiff ’s counsel often second-guesses the firm’s independence, painting a picture that the auditor’s professional skepticism was tainted.

December 1, 2023

Four hardware tips to improve your work experience

This Q&A shows hardware peripherals that create a different user experience.

December 1, 2023

5 steps for evaluating whether to become a partner

Three CPAs, two of whom recently made partner and another on the partner track, describe their process for making a career-defining decision.

December 1, 2023

Digital asset upgrade does not result in income realization

The protocol upgrade was not an accession to wealth, the Office of Chief Counsel advises.

December 1, 2023

Record tasks in Excel with Automate

The Automate tab allows you to create and run Office Scripts, which allow users to
automate tasks in Excel.

December 1, 2023

IRS and Security Summit urge tax pros to protect clients and themselves

Perennial campaign focuses on security of taxpayer data, including in practitioners’ records and systems.

December 1, 2023

Tips for building a firm to the right size for you

Lessons learned from a practice seeking to grow better but not always bigger.

December 1, 2023

QM standards: How to perform a root cause analysis

An expert discusses the requirements to perform a root cause analysis as part of monitoring and remediation when implementing the new risk-based quality management standards.

December 1, 2023

Citing rampant ‘scams,’ IRS imposes ERC moratorium

Earlier guidance clarifies that most supply chain disruptions do not result in eligibility for the employee retention credit.

December 1, 2023

Trends for Growth in 2024

Jason Marx, CEO, Wolters Kluwer Tax & Accounting, offers advice for firms looking to grow their business.

November 1, 2023

Use ChatGPT to write macros for Outlook

This article discusses the process and covers what to be wary about when using ChatGPT to build a macro for Outlook.

November 1, 2023

Considering IT risk during audit risk assessment procedures

SAS No. 145 assists auditors in identifying and addressing risks that the use of information technology can introduce.

November 1, 2023

Line items

Moratorium imposed on new ERC claim processing to curb abuse … Guidance issued on applicability and calculation of new corporate AMT … Long-awaited guidance provided for amortization of R&E expenditures … IRS vows new enforcement efforts aided by AI … Businesses must e-file Form 8300 for $10,000+ cash payments in 2024

November 1, 2023